CST BRANDS, INC. 4
4 · CST BRANDS, INC. · Filed Dec 29, 2016
Insider Transaction Report
Form 4
Sonnier Gerard J
SVP, GC and Secretary
Transactions
- Exercise/Conversion
Common Stock, Par Value $0.01
2016-12-27+3,436→ 18,011 total - Exercise/Conversion
Common Stock, Par Value $0.01
2016-12-27$48.17/sh+125$6,022→ 23,932 total - Sale
Common Stock, Par Value $0.01
2016-12-28$48.20/sh−2,986$143,925→ 20,311 total - Exercise/Conversion
Restricted Stock Units
2016-12-27−602→ 0 totalFrom: 2015-11-14→ Common Stock (602 underlying) - Exercise/Conversion
Restricted Stock Units
2016-12-27−5,796→ 0 totalFrom: 2016-03-08→ Common Stock (5,796 underlying) - Exercise/Conversion
Stock Option (Right to Buy)
2016-12-27−14,596→ 0 totalExercise: $41.41From: 2016-03-12Exp: 2025-03-12→ Common Stock (14,596 underlying) - Exercise/Conversion
Stock Option (Right to Buy)
2016-12-27−1,571→ 0 totalExercise: $41.54From: 2015-11-14Exp: 2024-11-14→ Common Stock (1,571 underlying) - Exercise/Conversion
Common Stock, Par Value $0.01
2016-12-27+602→ 14,575 total - Exercise/Conversion
Common Stock, Par Value $0.01
2016-12-27+5,796→ 23,807 total - Exercise/Conversion
Common Stock, Par Value $0.01
2016-12-27$48.17/sh+1,189$57,280→ 25,121 total - Exercise/Conversion
Common Stock, Par Value $0.01
2016-12-27$48.17/sh+2,303$110,947→ 27,424 total - Tax Payment
Common Stock, Par Value $0.01
2016-12-27$48.17/sh−4,127$198,818→ 23,297 total - Sale
Common Stock, Par Value $0.01
2016-12-29$48.32/sh−3,617$174,773→ 16,694 total - Exercise/Conversion
Restricted Stock Units
2016-12-27−3,436→ 0 totalFrom: 2016-03-12→ Common Stock (3,436 underlying) - Exercise/Conversion
Stock Option (Right to Buy)
2016-12-27−20,307→ 0 totalExercise: $38.76From: 2017-03-08Exp: 2026-03-08→ Common Stock (20,307 underlying)
Footnotes (12)
- [F1]Shares of common stock, par value $0.01 ("Common Stock") of CST Brands, Inc. (the "Issuer") acquired upon vesting of restricted stock units.
- [F10]On March 12, 2015, the reporting person was granted stock options that vest in three equal annual installments beginning on the first anniversary of the grant date. The last two tranches were vested on 12/27/2016 with the authorization of the Compensation Committee of the Board of Directors of the Issuer.
- [F11]On March 8, 2016, the reporting person was granted stock options that vest in three equal annual installments beginning on the first anniversary of the grant date. However, the three tranches were vested on 12/27/2016 with the authorization of the Compensation Committee of the Board of Directors of the Issuer.
- [F12]On November 14, 2014, the reporting person was granted stock options that vest in three equal annual installments beginning on the first anniversary of the grant date. However, the last tranche was vested on 12/27/2016 with the authorization of the Compensation Committee of the Board of Directors of the Issuer.
- [F2]Net shares of Common Stock received after the exercise and swap of 1,571 stock options of the Issuer (including shares swapped to cover option costs and tax withholding).
- [F3]Net shares of Common Stock received after the exercise and swap of 14,596 stock options of the Issuer (including shares swapped to cover option costs and tax withholding).
- [F4]Net shares of Common Stock received after the exercise and swap of 20,307 stock options of the Issuer (including shares swapped to cover option costs and tax withholding).
- [F5]These shares were sold in multiple transactions on December 28, 2016 at the same price of $48.20.
- [F6]Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
- [F7]On November 14, 2014, the reporting person was granted 1,806 restricted stock units that vest in three equal annual installments beginning on the first anniversary of the grant date. The last tranche was vested on 12/27/2016 with the authorization of the Compensation Committee of the Board of Directors of the Issuer.
- [F8]On March 12, 2015, the reporting person was granted 5,154 restricted stock units that vest in three equal annual installments beginning on the first anniversary of the grant date. The last two tranches were vested on 12/27/2016 with the authorization of the Compensation Committee of the Board of Directors of the Issuer.
- [F9]On March 8, 2016, the reporting person was granted 5,796 restricted stock units that vest in three equal annual installments beginning on the first anniversary of the grant date. However, the three tranches were vested on 12/27/2016 with the authorization of the Compensation Committee of the Board of Directors of the Issuer.